Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$151,171$151,171$324,000
Remaining term (yrs)19.619.630.0
Secondary amount$0$172,829$0
Funding fee$0$0$0
Note rate3.580%3.580%7.320%
Blended rate4.430%6.334%7.560%
1st payment$890.61$890.61$2,225.66
2nd payment$0.00$1,152.20$0.00
Taxes / mo$201.17$201.17$201.17
Insurance / mo$150.00$150.00$150.00
MI / mo$139.10$139.10$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,380.88$2,533.08$2,641.62
Cash to close$208,829$36,000$36,000